
The ex-date of the split of 4 companies is falling next week. These companies have announced to split their shares. The companies whose ex-date of split is falling in the coming week include IOL Chemicals, Mehai Technology, Shalimar Agencies and Shangar Decor. If you also want to take advantage of these corporate actions, then note these dates.
Which companies have ex-dates next week?
The ex-date for IOL Chemicals' stock split is falling on March 11, 2025. The company has announced to split one share with a face value of Rs 10 into 5 shares. The stock is currently trading at Rs 346. The ex-date for Mehai Technology's stock split is falling on March 13, 2025. The company has announced to split one of its shares into 10 shares. The stock is currently at the level of Rs 125. Shalimar Agencies has also announced to split one share with a face value of Rs 10 into 10 shares. The ex-date for the split is falling on March 13. The stock is currently at the level of 81. Shangar Decor Ltd has decided to split one share with a face value of Rs 5 into 5 shares. The ex-split date is falling on March 13. What is the effect of stock split? In stock split, the existing shares of a company are divided into many shares with smaller face value, this increases the total number of shares but the total market cap of the company remains the same.